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Arab Real Estate Establishment realizes a net loss of JD0.21 million in H1 2013

2013-08-19

According to company data for the first six months of the year, net loss reached (213,454) JOD, compared with a net loss of (965) JOD from the first six months of 2012, a net increase in loss of 22019.6%. Total assets of the company reached 2,464,749 JOD as of June 30^th, 2013, compared to total assets of 2,736,592 JOD as of December 31^st, 2012, a net decrease of 9.9%. Total liabilities of the company reached 1,683,654 JOD as of June 30^th, 2013, compared to total liabilities of 1,742,340 JOD as of December 31^st, 2012, a net decrease of 3.4%. Net ownership equity of the company reached 781,095 JOD as of June 30^th, 2013, compared with a net ownership equity of 994,253 JOD as of December 31^st, 2012, a net decrease of 21.4% in the last six months.